Shares & Derivatives
One property stock to look out
By Singapore Stocks Investing (SSI)  •  September 2, 2014
Ying Li International stock is one stock which is vested in Chong Qing. Today, Ying Li International Real Estate Limited announced that it will begin to diversify its property portfolio to Shanghai and Beijing. Today, Ying Li held an EGM where the resolution to allot and issue 381,000,000 Subscription Shares comprising 17.51% of the existing issued share capital of the Company to Everbright Hero Holdings Limited was passed by shareholders. With Everbright's network, capital and strong execution, and with significantly reduced gearing and fresh capital for Ying Li, it was reported that Ying Li would have a chance to enter Tier 1 cities. I understand that there are many regional property plays around. For exposure to US property markets, one can consider SingHaiYi stock, for exposure to Johore property, one can consider Rowsley. For exposure to Japan property, one can consider IPC. For me, my choice is clear: Ying ......
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By Singapore Stocks Investing (SSI)
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